>>Intel Launching AI Chip
(New York, NY) -- Intel is getting ready to launch a new AI computer chip. It'll come out sometime next year in competition with rival chips, like one from Nvidia that powers massive artificial intelligence models like OpenAI's ChatGPT. Intel CEO Pat Gelsinger made the announcement during a launch event in New York on Thursday. He said he expects it to be the "star of the show" in 2024. This comes as Nvidia's stock has shot up almost 230-percent year-over-year. Intel shares have gone up 68-percent.
>>Report Reveals Top 15 Jobs People Want To Quit
(Seattle, WA) -- Tech and healthcare workers lead the way when it comes to employees who want to quit their jobs. That's according to a new report by compensation software and data company Payscale. The report looked at the top 15 jobs people are planning to quit soon based on data from over 770-thousand U.S. workers. Senior product managers led the way with 66-percent planning to leave their roles, despite the 144-thousand-dollar median salary. The second job on the list goes to phlebotomists, medical professionals who collect blood samples, with 62-percent looking for a new job. Other employees who want to leave their jobs include line cooks, patient care technicians, emergency room nurses, and cyber security analysts.
>>Cruise LLC Announces Layoffs
(Detroit, MI) -- The autonomous vehicle division of General Motors has announced they will be laying off 24-percent of their staff. Cruise LLC says the company is making changes to their operating plans. The company released nine key leaders in the company on Wednesday after an analysis of an accident involving a pedestrian in San Francisco. Cruise LLC's self-driving ride service is currently suspended while safety standards are being evaluated. The layoffs announced today will affect approximately 900 workers.
>>Media Outlets Cut Record Number Of Jobs In 2023
(Chicago, IL) -- Media outlets slashed nearly 27-hundred jobs in news this year. That's the most since 2020, according to a new study from outplacement firm Challenger, Gray and Christmas. Overall, media companies made more than 20-thousand cuts in 2023. Several media companies announced plans to tighten staff and cut costs this year. For example, The Washington Post is looking to cut 240 jobs from the newsroom by the end of the year, and other companies like Conde Nast and Vox have made similar announcements.
>>FDA Accuses Chewy, Pet Companies Of Selling Unapproved Antibiotics
(Washington, DC) -- The FDA is accusing Chewy and eight other pet product companies of selling unapproved animal antibiotics. The agency alleged on Thursday that the retailers violated federal law by selling unapproved medications containing penicillin and amoxicillin, which could help create drug-resistant "superbugs." A letter from the FDA says the products in question were targeted at birds and fish, and they're threatening legal action if the companies don't address the alleged violations within 15 days.
>>Manhattan's Median Rents Fall For First Time In Two Years
(New York, NY) -- There's good news if you're looking for a Manhattan apartment. A new real estate company report shows a two-percent decline in median monthly rent from four-thousand-ninety-five-dollars to four-thousand-dollars, the first price drop in 27-months. The actual cut might not sound like a big deal but Douglass Elliman, which co-authored the report, says it shows that affordability has hit a threshold and that a growing number of landlords are making concessions, like a month's free rent. But Manhattan's rents re still the highest in the nation, up eleven-percent since the COVID pandemic.
